Progress Software (FRA:PGR) Change In Payables And Accrued Expense : €-9.1 Mil (TTM As of Feb. 2024)

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What is Progress Software Change In Payables And Accrued Expense?

Progress Software's Change In Payables And Accrued Expense for the quarter that ended in Feb. 2024 was €-23.5 Mil. It means Progress Software's Accounts Payable & Accrued Expense declined by €23.5 Mil from Nov. 2023 to Feb. 2024 .

Progress Software's Change In Payables And Accrued Expense for the fiscal year that ended in Nov. 2023 was €-1.7 Mil. It means Progress Software's Accounts Payable & Accrued Expense declined by €1.7 Mil from Nov. 2022 to Nov. 2023 .

Progress Software Change In Payables And Accrued Expense Historical Data

The historical data trend for Progress Software's Change In Payables And Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Progress Software Change In Payables And Accrued Expense Chart

Progress Software Annual Data

Trend

Nov14

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Nov16

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Nov23

Change In Payables And Accrued Expense

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7.84

-4.21

2.83

-3.63

-1.66

Progress Software Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Payables And Accrued Expense	Get a 7-Day Free Trial															-16.33	0.77	4.57	9.12	-23.51

Progress Software Change In Payables And Accrued Expense Calculation

Change In Payables And Accrued Expense is the increase or decrease between periods of the Accounts Payable & Accrued Expense. Accrued expenses represent expenses incurred at the end of the reporting period but not yet paid; also called accrued liabilities. The accrued liability is shown under Liabilities section in the balance sheet.

Change In Payables And Accrued Expense for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-9.1 Mil.

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Progress Software (FRA:PGR) Business Description

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PRGS:USA

Address

15 Wayside Road, Suite 400, Burlington, MA, USA, 01803

Website

https://www.progress.com

Progress Software Corporation is a provider of cloud-based security solutions to large- and mid-sized organizations in a wide range of industries. Its product includes OpenEdge; Chef; Developer Tools; Kemp LoadMaster; MOVEit; DataDirect; WhatsUp Gold; Sitefinity; Flowmon and Corticon. The company derives revenue from perpetual licenses to its products, but some products also use term licensing models. Its cloud-based offerings use a subscription-based model. A majority of the firm's revenue is generated in the United States and also has a presence in Canada, the Middle East, and Africa (EMEA), Latin America, and Asia Pacific.